Economy News

Economy

Eurozone Faces Industrial Downturn: December Sees a 1.1% Drop in Production

The Eurozone's industrial production fell by 1.1% in December, with significant drops in intermediate goods, durable consumer goods, and capital goods. The EU saw a similar trend, ...

Economy

January Sees a Surprising 0.4% Surge in US Producer Prices, Exceeding Expectations

The US Producer Price Index rose by 0.4% in January, exceeding expectations. Over the past year, the index increased by 3.5%, with significant rises in both services and goods sect...

Economy

US Job Market Strengthens: Initial Jobless Claims Drop to 213,000

The US Department of Labor reported a decrease in initial jobless claims to 213,000 for the week ending February 8, indicating a strong job market. The insured unemployment rate re...

Economy

Trump's Strategic Move: Delayed Reciprocal Tariffs Set to Reshape US Trade Policy

President Donald Trump is set to approve reciprocal tariffs with a strategic delay, potentially reshaping US trade policy. The implementation, possibly starting April 1, involves a...

Economy

US Natural Gas Reserves Dip: A 100 Bcf Drop Signals Market Shifts

The US has seen a significant 100 Bcf drop in natural gas inventories, with a 9.7% decrease year-over-year and a 2.8% drop compared to the five-year average, according to the EIA.

Economy

ECB's Nagel Urges EU to Invest €1.2 Trillion Annually for Climate Goals

Joachim Nagel of the ECB highlights the EU's need for over €1.2 trillion annual investment to meet 2030 climate goals, with Germany requiring €390 billion yearly. Private sector in...

Economy

US Treasury Achieves $25B in 30-Year Bonds Sale with a 4.748% Yield: A Deep Dive into the Auction's Outcome

The US Treasury successfully auctioned $25 billion in 30-year bonds at a 4.748% yield, with a bid-to-cover ratio of 2.33. Direct bidders took 18.6%, and indirect bidders 65.1%, lea...

Economy

Switzerland's Inflation Rate Drops to 0.4% in January: A Detailed Analysis

Switzerland's inflation rate decreased to 0.4% in January, down from December's 0.6%, aligning with analysts' expectations. The CPI dropped by 0.1% monthly, influenced by lower pri...